Real-time sportsbook platform provider FSB Technology has secured £2.6m through a funding round. The investment was led by Sportingbet founder Mark Blandford with total of 15 investors contributing varying amounts.
High profile FSB shareholders include Andrew Black, co-founder of Betfair; Richard Glynn, chief executive of Ladbrokes; and David O'Reilly, chairman of GameAccount Network.
The first customer for the new managed sports betting service is Genting Alderney that will promote the service in the UK under the GentingBet brand.
David McDowell, co-founder and chief executive of FSB, said: “This funding round is a great endorsement of both our team and our vision. There are a lot of companies stuck trading on legacy platforms and we are seeing a huge demand for modern technology and turnkey solutions.”
